The wheat complex is showing mixed trade on Friday. Chicago SRW contracts are fractionally mixed on Friday. KC HRW futures are 2 to 3 cents higher at midday. MPLS spring wheat is showing mixed trade, fractionally higher to 2 cents lower.
FAS released their weekly Export Sales data with new crop business at 4.591 MMT as of June 4 to start the 2026/27 marketing year. That is at 21.77% of the USDA export projection, compared to the 5 year average pace of 23.18%.